Calculate Theoretical Pricing
HTX Basket Trading can calculate the theoretical price for any basket entered into the system. Basket Trading will examine the price and ratio for each stock in the basket and calculate a bid and ask price for that basket. This value updates in real time and can be displayed in HTX Pro. More importantly, other HTX modules and can use these prices for anything from creating a sound alert when a basket reaches a certain price level to using the basket as a contra order in an HTX Pairs Trading model.

Traders who buy or sell groups of related stocks can use HTX Basket
Trading’s fast and powerful tools to create, enter, and monitor waves of orders. A basket is any group of stocks with a relationship that can be represented as a ratio. Most often used for Index Arbitrage, ETF Arbitrage, and sector trading, HTX Basket Trading can also be used for a variety of specialsituations. For example, HTX Basket Trading can create synthetic instruments for use by other HTX applications to implement complex trading strategies. Basket Trading can trade multiple baskets simultaneously

Wave Entry, Modification and Cancellation
Traders can create baskets in just a few simple steps, either by manually typing in the information or importing the data from a file. Waves can be entered either by entering a number of baskets, or multiplier, to be traded, or by entering a total value for the wave. Waves can then be revised, cancelledor reversed with only a few mouse clicks

Integrates with other HTX modules
HTX Basket Trading can integrate into other HTX modules. For example, HTX Basket Trading can be linked with HTX Pairs Trading to trade a single stock against a basket. When the initial order entered by the Pairs Trading model executes, Basket Trading enters the appropriate.